Spanish Olive Exports to US Plummet Since Tariffs Imposed
The tariffs are slowly redefining the global table olive trade as new producers fill the void left by Spain in the U.S. market and Spanish growers look to the east to sell their crop.
U.S. Trade Rep. to Hold Public Hearing on Olive Oil Tariffs
Among those giving testimony at the hearing will be the executive director of the North American Olive Oil Association, which is also circulating a petition to get olive oil removed from the list.
The European Commission predicts that high worldwide demand combined with decreased production in non-E.U. countries will result in record E.U. exports for 2018/2019.
Trade Group Petitions U.S. Over Potential Olive Oil Tariffs
The North American Olive Oil Association has said American consumers will be directly hurt by potential tariffs on European olive oil imports and called the suggested move a "tax" on Americans' health.
Olive oil was the largest Greek agri-food export last year and the fourth-largest export overall, according to a new report. Its success has renewed the call from farmers for government backing.
US Threatens Tariffs on EU Olive Oil Imports
A World Trade Organization decision found that the E.U. has unfairly subsidized plane manufacturer Airbus. The result could be retaliatory tariffs on numerous E.U. goods, including olive oil.
The Indian Olive Oil Market Shows Potential, but Comes at a Price
Spain is well-positioned to capitalize on the growing market for olive oil in India. High tariffs on imported olive oils, however, present a major hurdle for Spanish producers.
Signs of Hope in Palestine’s Olive Oil Sector
Free trade deals with Indonesia and the U.K. could provide Palestinian producers with ample export opportunities. The prospects of another poor harvest may complicate this.